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Gabriella Makar, B. Comm, MBA - RE/MAX Real Estate Centre
14717 40 AV, Edmonton, Alberta
P: 780-438-7000
F: 780-430-7283
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Friday, April 29, 2011 - Interest Rate Hike likely coming in October

  While many economists are calling for a July hike, Merrill now sees the BoC waiting until the fall, it says in a new report. BofA Merrill Lynch is pushing back its forecast for a Bank of Canada rate hike to October from May.  See more at http://ow.ly/4JRtQ 

posted in General at Fri, 29 Apr 2011 10:51:40 -0600



Saturday, April 23, 2011 - First Quarter Housing Sales on Normal Track; Prices Up

Edmonton, April 5, 2011: REALTORS® expect the local real estate market to follow a well-worn annual sales track.....See full article at http://ow.ly/4FIVX

posted in General at Sat, 23 Apr 2011 14:56:44 -0600



Wednesday, April 13, 2011 - Bank of Canada keeps key rate unchanged despite improving economy

The Bank of Canada has decided to give households at least another seven weeks of low interest rates while offering no clue as to when it might start its long-awaited tightening trend. The decision Tuesday to keep the policy rate at 1% came despite a mostly upbeat assessment of the Canadian economy from the central bank that predicts faster growth and a quicker return to full capacity. The bank?s next scheduled date for an interest rate announcement comes May 31. Meanwhile, it said the economy ... Full Article...

posted in News at Wed, 13 Apr 2011 20:53:11 -0600



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